Hewlett Packard Enterprise Company $HPE Stock Position Increased by Parkway Wealth Management Group LLC

Key Points

• Parkway Wealth Management increased its HPE holdings by 36.7% in the third quarter, bringing its position to 110,121 shares valued at approximately $7.0 million. Institutional investors collectively own 80.78% of the company.
• HPE reported quarterly revenue of $12.21 billion and earnings of $1.11 per share, beating analyst expectations, while revenue rose 33.7% year over year. The company also issued fiscal 2026 EPS guidance of $3.75–$3.85.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $65.44, while HPE continues expanding its AI infrastructure business through new ProLiant Gen13 servers and accelerated-computing offerings.

Parkway Wealth Management Group LLC lifted its holdings in shares of Hewlett Packard Enterprise Company (NYSE:HPE - Free Report) by 36.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,121 shares of the technology company's stock after buying an additional 29,551 shares during the quarter. Parkway Wealth Management Group LLC's holdings in Hewlett Packard Enterprise were worth $7,036,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Hewlett Packard Enterprise during the second quarter worth $1,027,139,000. Primecap Management Co. CA acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter valued at about $773,225,000. Elliott Investment Management L.P. increased its stake in shares of Hewlett Packard Enterprise by 47.2% during the first quarter. Elliott Investment Management L.P. now owns 27,421,735 shares of the technology company's stock worth $652,912,000 after purchasing an additional 8,790,757 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Hewlett Packard Enterprise by 6.1% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,088,774 shares of the technology company's stock worth $590,435,000 after purchasing an additional 756,972 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in shares of Hewlett Packard Enterprise during the 2nd quarter worth about $512,721,000. Hedge funds and other institutional investors own 80.78% of the company's stock.

Hewlett Packard Enterprise Trading Up 1.2%

Shares of Hewlett Packard Enterprise stock opened at $55.80 on Tuesday. The stock has a 50 day moving average of $59.37 and a 200 day moving average of $46.72. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.72 and a current ratio of 1.11. The firm has a market capitalization of $74.07 billion, a price-to-earnings ratio of 19.90, a PEG ratio of 0.49 and a beta of 1.39. Hewlett Packard Enterprise Company has a fifty-two week low of $19.84 and a fifty-two week high of $73.56.

Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last posted its earnings results on Wednesday, September 2nd. The technology company reported $1.11 EPS for the quarter, beating analysts' consensus estimates of $0.93 by $0.18. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%. The company had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter in the previous year, the business earned $0.44 earnings per share. The company's revenue for the quarter was up 33.7% on a year-over-year basis. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. As a group, research analysts predict that Hewlett Packard Enterprise Company will post 3.34 earnings per share for the current year.

Hewlett Packard Enterprise Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, September 17th were given a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, September 17th. Hewlett Packard Enterprise's dividend payout ratio (DPR) is presently 29.69%.

Wall Street Analysts Forecast Growth

HPE has been the topic of several research analyst reports. Susquehanna lowered their price objective on Hewlett Packard Enterprise from $65.00 to $62.00 and set a "neutral" rating on the stock in a report on Friday, September 4th. Wall Street Zen raised Hewlett Packard Enterprise from a "buy" rating to a "strong-buy" rating in a research note on Sunday, August 30th. Loop Capital lowered their price target on shares of Hewlett Packard Enterprise from $75.00 to $65.00 and set a "buy" rating on the stock in a research report on Tuesday, September 8th. Argus reissued a "buy" rating and issued a $70.00 price objective on shares of Hewlett Packard Enterprise in a report on Friday, September 4th. Finally, Truist Financial restated a "buy" rating and set a $75.00 price objective (up from $70.00) on shares of Hewlett Packard Enterprise in a research report on Thursday, October 1st. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Hewlett Packard Enterprise has a consensus rating of "Moderate Buy" and an average price target of $65.44.

Hewlett Packard Enterprise News Roundup

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE launched its first ProLiant Gen13 servers powered by sixth-generation AMD EPYC processors. The systems offer greater core density, expanded memory and I/O, and enhanced security features, positioning HPE for demand tied to AI inference, agentic AI, simulations, and financial modeling. Learn Why The Bull Case For HPE Stock Could Change Following Gen13 Server Launch
• Positive Sentiment: The Gen13 rollout adds to HPE’s AI strategy, alongside adoption of its direct-liquid-cooled Cray XD2000 infrastructure for Mizuho Securities’ large-scale financial simulations. The announcements reinforce HPE’s effort to move toward higher-value AI and accelerated-computing systems. What Is Hewlett Packard Enterprise Signaling With Its New AI Server Push?
• Positive Sentiment: HPE and the Miami HEAT announced a Wi-Fi 7 and self-driving-network modernization at Kaseya Center. While relatively small financially, the project provides a visible reference customer for HPE’s networking and AI-enabled connectivity products. HPE and Miami HEAT Transform Kaseya Center Fan Experience
• Positive Sentiment: HPE participated in a broader rebound among AI-server stocks after the previous week’s selloff, suggesting sector sentiment—not just company-specific news—also helped the shares. AI Server Stocks Rally as Last Week’s Selloff Reverses
• Neutral Sentiment: One valuation analysis argues HPE may be undervalued following strong earnings and sustained data-center demand, potentially supporting the long-term investment case, though it is not a new company forecast.
• Negative Sentiment: Barclays lowered its price target for HPE from $83 to $77. The revised target remains above recent trading levels but signals more limited upside in the analyst’s view. Barclays Cuts Target for Hewlett Packard Enterprise Stock

Insider Buying and Selling

In other Hewlett Packard Enterprise news, EVP Rami Rahim sold 34,456 shares of the company's stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $61.42, for a total value of $2,116,287.52. Following the transaction, the executive vice president owned 875,133 shares of the company's stock, valued at $53,750,668.86. This represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Reiner sold 17,000 shares of Hewlett Packard Enterprise stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $56.91, for a total transaction of $967,470.00. Following the sale, the director owned 65,072 shares of the company's stock, valued at approximately $3,703,247.52. This represents a 20.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 551,456 shares of company stock valued at $35,271,258. 0.44% of the stock is currently owned by insiders.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise Company NYSE: HPE is a global technology company that provides information technology solutions for businesses, governments and other organizations. Its offerings are designed to help customers build, manage and modernize data centers, hybrid cloud environments and edge computing operations.

HPE's portfolio includes enterprise servers and compute systems, data storage, networking products, high-performance computing and artificial intelligence infrastructure.

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